HomeMy WebLinkAbout0419
, ,
~.'_~: .)~-:,~;~;__~:-~; -~ ::~< "~~.;:~.~, _-,;_~c....::~ -:;:: '_ }~~-~~)2::~~~~:~~~~~{'
~ h 45 1~.t417
,. ~'! >.:~, r-l~
, '; L It!C\t \....,"H.' 11'.
.--...
~ lO.fH
258
(4) aOl..~i1)'ntiN'l of Uw m.tnrity of &DY In~bt.edr.l~ of the
Company for bonowoo mOUiflY or of any oth.r Ind#)btoonr>>
inC;urr~l by Hw Com f*li Y' and u~paid in a.n AgI1'~le amount in
i'1;C~~8 or $l00,OO(}, or dd.r.1t in re@poot of any Ind.btedn~ ot
the OnmplXlY for horroweC mOMY or in N8I*t of MY indenturt'
or other iniltnmwnt n;t.ting to IndehWneiM .of Lb. Comp&.:ny fOf
l!<.)rr~~wl'd mon<<)", and Aueh u{'(aa!t !<!lA.H oontinu~ tor HH' po:-rioti
of Ki'ai~, if any, !ht1tt1!n l'lpi'ciflt'd ll-ud ilhs.U not hA\'6 ~lW (:1H',~,1
or, l'xeq\i in t.hf' ca.t',,' of tho dt<fault in tha P$ymt'Dt of prineipid
Of i{\t!,rt.~t. waiv~d; Of
(0 tho n1\,(x;Jltion or r.natade.liy W'<ilNW modifkatiQn of any
auth')riu~ti(Hl, .('{llHH'llt, .':c:nnpHvIt of approvllllht'retofore ohti\irH:tl
fnml an,.- rq~ulatoj'Y t"....jy or govenHJ1fi11t.al AUthOrity rd&ting to
thO! l!.';''>iU!!lition, ('\)woilruct\ofl. completion, (}.n~"hip, o~rAtion or
nHlint~iifVI(;(, hy Uw CQlnpiHlY oJ the Pipe Lin~ SYI<<lffi; provid....L
hOWf'\,i'f, Uu.t ;uH'h Tj\l{,X'.allun eh.a.U not 00 an EVt'r.t (}f Hefault if
thft ;mll)f dft'etioK rt.voeation !'Ib~ll hl.H'e ~l('('1! ata)'e<i or it i\llrh
ordt.r ifl 110 long,H' n".pirtld for liB' lawful opef&lioi1 or lhe CO!!I'
pmlY'@ (adlitiM; Qr
(m) t~iUwr of tha Trl\n~pf)ttiltiO:l Agn-emfJnt~ fihl'lH s:(;~M \ol}(.
n kgal, v.did aud hinding ~rl~Nnl;!nt ~nrore!'ahllJ >>i{i\itllil thn partit'rt
th0rdo a.c.:on!ing to it3 tljirH!f j or
i~) Flor;f~,~ OM Company Llh8J! hAve i10kl Of pl~goJt t\grued
to lIell or pln.lg;: uf .!dlhH have trlinllfe~n.....l or in 8U) nHHlih'I"
,l;."'po;;;f~i of llay kRni or equit.!lLle !o.tH::llt in ~my fh.jbQf,htlitt..d
Int!i'M"'!II!'!\S which if.< (-ol1vl'r!ihlfJ fit thtJ epti,m of l''''lorida na~
Cm'npfiny or any other Per~(;!l in!~} ~hilH<J ot e.apital ~too.k of U~Q
CompaTl1" (ll", prif)r to Hw Hpir~lh;n of () Ye$f'3 aott{:r the Pfl)jf'{~t
ltiit;~! L'flmpl~tion !Jato or Ih~ uxpirAtt~ll of 2 y",.are\ ~JtH HH~
Compkbm I)! tbll &'~~)!H.l 8t4!1:t..> of Pip,; LifW Ihwdop!ivmt, whidl-
eH!,::-. li\d !){'';;Uril, ~nJ l!hurN~ IJf ih.' ('.apitallShx1k of till; Company l {.t
(0) ~t ~ny tim{l &H~r .i:1MidA Oa.i;l C{j~npany f'j-.aU MV6 told
or pl,".i#,.,d, '1r 8fFN"tl t,) If'll or pi~i.gt', l)f ahlSH h.lh'~ tl'tm~ten\c.d
or il; finr oHwr Hlf1fil1f'f dir<fKil>\Nl of ~ny legal or e'1uil-Abl\'l IntHf''1t
. in (A j An)' fllltHNi or th!; "~pite.l ~ ti)clc of th~ C,)rr;p~ny or (n)
!ndthtfcih.h;i;.tl Df tbl1 CfJmpa.ny in an iigg(i;~&te ptincip~! iHnonnt
of *1,000,(.'1)], the (\~lnflf.I;Y fOhfAll h~v~ Wlk~n ~~y IV::UOfi (wh<l~ber
or 1~,jt dl or I'm)' ~ra:'Cjflt'.d r';:'rL"-ent;.t~~ of th{! holdenl of th~ Hondfi
;lHlil }un'{' fOHl\im!NI Of in (Iff,:d cnna..<:tf.?d (;, flUtili Mthm) in tnn.
tr:w.-llhnn of lhe prOVilt;"lii, of j j.22\i') whdh{>!" Of nOt f>!t('h prn-